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RaynLim

NZDJPY - Trendline

Short
New Zealand Dollar / Japanese Yen (FX:NZDJPY)  
RaynLim  
FX:NZDJPY   New Zealand Dollar / Japanese Yen
Trend Lines Trend Analysis Candlestick Analysis askforex100 NZDJPY countertrend rsioverbought rsidivergence Chart patterns
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trendline trendanalysis candlestick askforex100 nzdjpy countertrend rsioverbought rsidivergence chartpatterns
Don't underestimate this trendline, if the candle fails to break and close above this trendline, it shows that this will be an amazing shorting opportunity. Even when it breaks and closes above this trendline, I'm not looking for a buying opportunity right away and the reason is that on the 4-hourly chart there is multiple shorting opportunities.

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